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Veolia Environnement S.A. (VIE.PA)

Paris - Paris Delayed Price. Currency in EUR
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23.91+0.96 (+4.18%)
At close: 05:35PM CEST
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  • Business Wire

    Veolia Proposes the Sale of Suez's UK Waste Business and Continues Building the Global Champion of Ecological Transformation

    PARIS, June 16, 2022--Veolia proposes the sale of Suez's UK waste business and continues building the global champion of ecological transformation

  • Bloomberg

    Veolia is Said to Seek Over £2 Billion for Suez’s UK Waste Unit

    (Bloomberg) -- Veolia Environnement SA aims to raise more than £2 billion ($2.4 billion) from the sale of Suez SA’s waste activities in Britain, which it is undertaking in an effort to appease the UK’s antitrust authority, people with knowledge of the matter said. Most Read from BloombergChina Says It May Have Detected Signals From Alien CivilizationsStocks Jump as Powell Soothes Wall Street’s Nerves: Markets WrapFed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in JulyWorld’s Central Banks

  • Financial Times

    Veolia promises to sell UK units to appease competition watchdog

    French water and waste group Veolia will sell off two business units to appease the UK competition watchdog if it decides to block the $13bn merger with rival Suez next month. Veolia said on Thursday it would hive off the UK waste unit it took over from Suez and its own UK industrial water and wastewater division in a “significant divestment remedy” that would solve the issues raised by the Competition and Markets Authority. Paris-based Veolia agreed to buy Suez in April 2021 after an acrimonious battle between the domestic rivals.

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